Monthly Message

The Wutherich & Co. Composite was up 3.2% in March. This compares with the S&P/TSX up 1.3%, the BMO Small Cap Index up 1.1%, S&P 500 (US$) up 0.1%, the DJIA (US$) down 0.6%, while the NASDAQ (US$) was up 1.5%.

The Trump Bump, Trump Slump, Trump   ?  . How many alliterations can we come up with and do they matter? As long as it’s not Trump Dump, I suppose we are okay. Other than being entertained by Trump related news, we pay very little attention to the antics in Washington.

What we are interested in are the fates of interesting companies. To wit, we have re-introduced an old name to the portfolio and let another one go. Goeasy (the erstwhile Easyhome) was introduced to the portfolio in February. The company is transforming itself from a rent-to-own supplier of furniture, electronics and appliances to a consumer loan provider. Using the cash flow from their legacy business, they are rapidly expanding their loan business to achieve overall growth rates of 25% in EPS for the next several years.

In February, we said good-bye to the longest tenured name in our portfolio, Hibbett Sports, which we have owned for more than 15 years. The unrelenting pressure of the likes of Amazon and Hibbett’s slow response to the changing retail landscape had us fold our hand on this one. That being said, it is still an excellent company and we will monitor it closely for some time to come.

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Monthly Message The Wutherich & Co. Composite was flat at 0.0% in February. This compares with the S&P/TSX up 0.2%, the BMO Small Cap Index up 0.1%, S&P 500 (US$) up 4.0%, the DJIA (US$) up 5.2%, while the NASDAQ (US$) was up 3.8%. The Trump Bump continues, at least in the US. While it […]

Monthly Message The Wutherich & Co. Composite was down 2.2% in January. This compares with the S&P/TSX up 0.8%, the BMO Small Cap Index up 2.0%, S&P 500 (US$) up 1.9%, the DJIA (US$) up 0.6%, while the NASDAQ (US$) was up 4.3%. The weakness experienced in the Wutherich & Co. Composite during January happened […]

Dear friends and clients, We would like to remind you that the 2016 RRSP period deadline is March 1, 2017. If you have not made a contribution to your RRSP account with Wutherich & Company in a while, now may be a good time to do so. Feel free to get in touch with us […]

Monthly Message The Wutherich & Co. Composite was up 0.9% in December. This compares with the S&P/TSX up 1.7%, the BMO Small Cap Index up 3.2%, S&P 500 (US$) up 2.0%, the DJIA (US$) up 3.6%, while the NASDAQ (US$) was up 1.2%. December marked the end of a good year for the Wutherich & […]

Monthly Message The Wutherich & Co. Composite was up 4.0% in November. This compares with the S&P/TSX up 2.2%, the BMO Small Cap Index up 1.8%, S&P 500 (US$) up 3.7%, the DJIA (US$) up 5.9%, while the NASDAQ (US$) was up 2.6%. November Trumped October’s strong performance for the Wutherich & Co. Composite. Our positions […]

Monthly Message The Wutherich & Co. Composite was up 1.7% in October. This compares with the S&P/TSX up 0.6%, the BMO Small Cap Index down 2.0%, S&P 500 (US$) down 1.8%, the DJIA (US$) down 0.8%, while the NASDAQ (US$) was down 2.3%. October proved to be a spooky month for the markets though the Wutherich […]

Wil in Toronto Dear clients and friends of the Greater Toronto Area, Wil is going to be in Toronto from November 14th to 16th for client and company meetings. Should you like to meet him to discuss our investment portfolio, feel free to contact him directly at: –  wil@wutherich.ca   or   514-487-3782. Look forward […]

Invitation – Reminder Dear clients and friends, Please find attached an invitation to our upcoming “Let’s Talk Stocks at Wutherich & Co.’s Annual Update” event.   Chers clients et amis, Vous trouverez ci-joint une invitation à notre prochain évènement “Parlons Actions à la Mise à Jour Annuelle Wutherich & Co.”.  –  INVITATION PDF  –

Monthly Message The Wutherich & Co. Composite was up 1.6% in September. This compares with the S&P/TSX up 1.2%, the BMO Small Cap Index up 2.9%, S&P 500 (US$) flat at 0.0%, the DJIA (US$) down 0.3%, while the NASDAQ (US$) was up 1.9%. Despite September’s nasty reputation, market performance was fairly stable. Affirmation for […]